The commercial says that President Obama wasted $900 billion. Let’s see how he did that.

He saved GM and Chrysler — think of how many thousands of jobs were saved. And it is not just the two companies; it is all the other companies that supply parts to GM and Chrysler. Of course, Mitt Romney would have let them fail. That is a good economic plan.

Then, President Obama spent a lot of money on infrastructure: building or repairing roads, bridges, etc. Remember all of those signs saying this project was being done with stimulus dollars? Let’s think about how those dollars were used. Take a construction worker who worked on one of those road projects. Some of his pay check went for groceries. Now some of that money went to farmers, those who processed the food, the people who brought the food to market, etc. But just take the grocery worker. He or she went out and bought some clothing for their kids, maybe made some improvements on their house. Perhaps they even bought a new car trading in their junker due to the auto stimulus. Gee, that means for a second time some of that stimulus money went back to the auto industry.

At every step along the way, the money is multiplied as it is used over and over again. At every step of the way some one was employed who may not have been employed if those stimulus dollars were not infused into the marked. Boy, that sure is a waste. Or would it be less than honest if I suggested everything went perfectly?

There is always waste in government (just as in private industry) and there was with stimulus dollars. But many economists feel we might have gone into a depression instead of a recession if the stimulus dollars had not been put to good use. And let’s not forget, this financial collapse started due to the economic house of cards built over the eight years of the George W. Bush administration, and collapsed before he left office. So, has it been the Obama economic policy that got us into this, or President Bush’s?